Nasdaq healthcare company promised Bitcoin would safeguard its future – then sold every coin to stay afloat

The OneMedNet treasury’s Bitcoin holdings reached zero at June 30, 2026, completing a steady drawdown of the healthcare-data company’s cryptocurrency holdings.The company’s quarterly report for the period ended June 30, 2026 also listed $358,000 of cash, $4.73 million of current liabilities and a warning that existing liquidity was insufficient to fund operations for the following 12 months.OneMedNet treasury holdings declined over three yearsFor context, OneMedNet announced that it had invested in approximately 34 BTC on Nov. 12, 2024, calling the allocation a way to enhance “financial resilience.” That was a company announcement, not an audited period-end balance. OneMedNet subsequently reported 31 BTC at Dec. 31, 2024, 15 at June 30, 2025, six at Dec. 31, 2025, one at March 31, 2026, and zero at June 30.Its cash-flow record is separate from those point-in-time Bitcoin holdings. OneMedNet reported $969,000 of Bitcoin sale proceeds for all of 2024, then $5.07 million of sales and $2.75 million of purchases in 2025. It reported $419,000 of sale proceeds and no Bitcoin purchases in the first half of 2026.By Dec. 31, 2025, reported holdings had already fallen to six BTC. Most of the ...